Policy

The fund has the policy to focus on the investment in foreign mutual fund “VanEck Vectors Semiconductor UCITS ETF” (Master fund), Exchange Traded Fund (ETF). The master fund managed by VanEck Asset Management B.V. and invest in US Dollar, the master fund is listed on the London Stock Exchange, United Kingdom. DEUTSCHE BÖRSE Stock Exchange, Germany. SIX SWISS EXCHANGE Stock Exchange, Switzerland. BORSA ITALIANA Stock Exchange, Italy, which the Stock Exchange the master fund will invest in is London Stock Exchange. The master fund will invest in equity securities and depositary receipts of U.S. exchange listed companies in the semiconductor industry. the Manager will use a replication strategy by investing in the equity securities, American depository receipts (ADRs), and global depository receipts (GDRs), that consists of the component securities of the MVIS US Listed Semiconductor 10% Capped Index. So that the performance of the master fund before fees and expenses is close to the index return The MVIS US Listed Semiconductor 10% Capped Index is an index that reflects the performance of companies in the semiconductor industry. The Fund has an average net exposure in investment units of the foreign mutual fund of the accounting year not less than 80% of the Fund Net Assets Value (NAV). Also, the Fund’s investment results in having an average net exposure relates to foreign risks for the accounting year not less than 80% of the Fund’s NAV. The Fund may invest in derivatives for a purpose of efficient portfolio management or hedging and shall invest in or hold derivatives so as to hedge risks caused by currency rate of securities or assets in foreign currency as deemed appropriate under prevailing market conditions at the Fund Manager’s discretion.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Equity Fund

Registered Fund Capital

10,000 Million Baht

Fund Registration Date

15 Jun 2021

Maturity Date

N/A